Poverty Gap reduction (%) - All Social Assistance - 1st quintile in Panama

Panama: Poverty Gap reduction (%) - All Social Assistance - 1st quintile was 27.7% in 2023. ◆ Volatile

Latest (2023)
27.7%
Change on year
down 40.2%
World rank
13th
of 34 countries
All-time high
46.4%
in 2021
All-time low
0.3%
in 2008
Years of data
14
2008–2023

Poverty Gap reduction (%) - All Social Assistance - 1st quintile in Panama, 2008–2023

010203040502008201520232008: 0.2792009: 11.22010: 12.32011: 11.32012: 12.32013: 13.22014: 12.82015: 22.82016: 22.72017: 21.72018: 21.92019: 21.12021: 46.42023: 27.7

Source: ASPIRE.

Analysis

Panama recorded 27.7% for poverty gap reduction (%) - all social assistance - 1st quintile in 2023.

The figure is down 40.2% on the previous year and up 109.6% over ten years.

Over the whole period, poverty gap reduction (%) - all social assistance - 1st quintile in Panama peaked at 46.4% in 2021 and was at its lowest, 0.3%, in 2008.

Panama ranks 13th of 34 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Poverty Gap reduction (%) - All Social Assistance - 1st quintile in Panama, year by year

Annual values for Poverty Gap reduction (%) - All Social Assistance - 1st quintile (poorest) -urban in Panama, 2008 to 2023.
Year Value Change
2008 0.3%
2009 11.2% +3907.5%
2010 12.3% +10.3%
2011 11.3% -8.3%
2012 12.3% +8.4%
2013 13.2% +7.9%
2014 12.8% -3.6%
2015 22.8% +78.6%
2016 22.7% -0.5%
2017 21.7% -4.4%
2018 21.9% +1.0%
2019 21.1% -3.7%
2021 46.4% +119.7%
2023 27.7% -40.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 5.7% 0.3% 11.2% 2
2010s 17.2% 11.3% 22.8% 10
2020s 37.1% 27.7% 46.4% 2

Countries ranked near Panama

  1. 10 Brazil 33.9% compare
  2. 11 Viet Nam 33.5% compare
  3. 12 Argentina 27.8% compare
  4. 14 Uruguay 23.4% compare
  5. 15 Indonesia 23.4% compare
  6. 16 Mexico 22.2% compare

See the full ranking of 34 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is poverty gap reduction (%) - all social assistance - 1st quintile in Panama?
Poverty gap reduction (%) - all social assistance - 1st quintile in Panama was 27.7% in 2023, according to ASPIRE.
What is the highest poverty gap reduction (%) - all social assistance - 1st quintile recorded in Panama?
The highest recorded value was 46.4% in 2021.
What is the lowest poverty gap reduction (%) - all social assistance - 1st quintile recorded in Panama?
The lowest recorded value was 0.3% in 2008.
How does Panama rank for poverty gap reduction (%) - all social assistance - 1st quintile?
Panama ranks 13th out of 34 countries with data for 2023.
Is poverty gap reduction (%) - all social assistance - 1st quintile rising or falling in Panama?
Over the last ten years it is up 109.6%. The long-run trend across the full record is volatile.
Where does this Panama data come from?
The figures come from ASPIRE, published as part of Poverty Gap reduction (%) - All Social Assistance - 1st quintile (poorest) -urban. Statizoid updates them automatically from the source API.

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Poverty Gap reduction (%) - All Social Assistance - 1st quintile in Panama. Statizoid, drawing on ASPIRE. Retrieved 10 September 2026, from https://labour.statizoid.com/stat/poverty-gap-reduction-percent-all-social-assistance-1st-quintile-poorest-urban/panama/

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About this data

Indicator
Poverty Gap reduction (%) - All Social Assistance - 1st quintile (poorest) -urban
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
34 places, 340 data points, 2004–2023
Last refreshed

Poverty gap reduction due to Social Assistance programs as % of pre-transfer poverty gap